According to the data announced by Statistics Indonesia (BPS), in June this year Indonesia's steel imports totaled $784 million in value, decreasing by 23 percent as compared to the previous month, while the country's import value for ...
Tags: Steel Import, Mineral
According to the report of South East Asia Iron and Steel Institute (SEAISI) that hot rolled plate demand in ASEAN countries - Indonesia, Thailand, Philippines, Vietnam, Malaysia, and Singapore - continued to grow significantly in the last ...
Tags: Hot Rolled Plate, steel
Nipsea Group has started construction of its third paint factory in northern Vietnam's Vinh Phuc Province. The six-hectare Nippon Paint Vinh Phuc, which will be in operation in February next year, will produce general industrial paint for ...
Tags: Construction, Decoration
The Central Asian country of Turkmenistan is expecting to harvest around 1.05 million tons of cotton this season from an area of 550,000 hectares, mainly in Mary and Akhal provinces. Exceeding the Government’s estimates by 11 ...
US-based food distributor Lipari Foods is recalling cooked shrimp product as it may be contaminated with Salmonella, according to the US Food and Drug Administration (FDA). The product associated with the recall is Wholey brand Cooked ...
Tags: Lipari Foods, Cooked Shrimp, Salmonella Contamination Concerns
Hankook Tire Co. Ltd. has announced that in fiscal 2013 second quarter, the company posted global consolidated quarterly net sales of $1.7 billion (KRW 1.87 trillion), and its operating profit marked $241.8 million (KRW 271.3 billion) with ...
Tags: Hankook Tire
The Penske Automotive Group, Inc. has signed an agreement to acquire the Commercial Vehicles Group from Transpacific Industries Group Ltd. for a purchase price of $219 million. The completion of the transaction is subject to normal closing ...
Tags: Australian Truck
Four well-known industry veterans are launching a direct container bedroom furniture specialist called Napa Home Furnishings at this week's Las Vegas Market. Serving as president of the company is Marc Madnick, who has worked extensively ...
The Government of India would soon unveil a modified Technology Upgradation Fund Scheme (TUFS) with a provision to increase the interest subsidy on power looms from the present 5 percent to 6 percent, Textiles Minister K Sambasiva Rao has ...
Tags: Textile Industry
The statement comes after the pulp and paper giant issued an announcement earlier this year (February) that it would stop using timber from Indonesia’s natural forests and only use trees from plantations. The firm has been regularly ...
Tags: APP, Field of Sustainability
COMING soon to a Lock & Lock store near you: Hello Kitty containers A South Korean brand specializing on food storage aims to grow its product line this year with the addition of glass food containers and a much wider range of specialty ...
Japanese automaker Toyota is planning to invest about $230m to build a new car engine manufacturing plant in Indonesia, as part of its strategy to expand powertrain production in emerging markets by 20%. The new plant will be used to ...
Tags: Engine Plant, Toyota
China imported 275,337 mt of methanol in June, 40% less than it did in May, data released by the General Administration of Customs on Tuesday showed. The fall can be explained by the high domestic methanol production in the country. Over ...
Honda has released an official teaser sketch of a new MPV that will debut at the Indonesia international motor show in Jakarta in September. Based on the sub-light Honda Brio city car, the new seven-seater has been developed specifically ...
Tags: MPV Sketches, Honda
According to statistics released by Japan's Ministry of Finance, Japan's coking coal imports totaled 6.08 million metric tons in May this year, down by 18 percent month on month and down 0.8 percent compared to May 2012. In May, Japan's ...
Tags: Coking Coal, Mineral